X Square Capital LLC Takes Position in Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL)

X Square Capital LLC acquired a new stake in Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) during the fourth quarter, HoldingsChannel reports. The firm acquired 15,000 shares of the company’s stock, valued at approximately $402,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Summit Trail Advisors LLC acquired a new position in Daily Dow Jones Internet Bull 3X Shares in the 4th quarter valued at about $322,000. Chicago Partners Investment Group LLC acquired a new position in shares of Daily Dow Jones Internet Bull 3X Shares in the fourth quarter valued at approximately $696,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Daily Dow Jones Internet Bull 3X Shares during the fourth quarter worth approximately $1,364,000.

Daily Dow Jones Internet Bull 3X Shares Price Performance

Shares of NYSEARCA WEBL opened at $21.36 on Friday. The stock has a fifty day moving average price of $27.79 and a 200 day moving average price of $25.16. Daily Dow Jones Internet Bull 3X Shares has a 1-year low of $11.18 and a 1-year high of $34.77. The company has a market cap of $122.82 million, a PE ratio of 25.46 and a beta of 3.56.

Daily Dow Jones Internet Bull 3X Shares Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.0246 per share. The ex-dividend date is Tuesday, March 25th.

Daily Dow Jones Internet Bull 3X Shares Company Profile

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.